28.69 USD
+0.26 (+0.91%)
28.69 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to DBX. DBX was compared to 278 industry peers in the Software industry. DBX has an excellent profitability rating, but there are concerns on its financial health. DBX scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
DBX had positive earnings in the past year.
DBX had a positive operating cash flow in the past year.
Of the past 5 years DBX 4 years were profitable.
In the past 5 years DBX always reported a positive cash flow from operatings.
1.2 Ratios
DBX has a better Return On Assets (17.97%) than 94.31% of its industry peers.
With an excellent Return On Invested Capital value of 59.34%, DBX belongs to the best of the industry, outperforming 99.29% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for DBX is significantly above the industry average of 10.78%.
The last Return On Invested Capital (59.34%) for DBX is above the 3 year average (17.97%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.97% | ||
| ROE | N/A | ||
| ROIC | 59.34% |
ROA(3y)15.53%
ROA(5y)9.34%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.97%
ROIC(5y)15.1%
1.3 Margins
DBX has a better Profit Margin (19.87%) than 83.99% of its industry peers.
DBX's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 24.57%, DBX belongs to the best of the industry, outperforming 90.04% of the companies in the same industry.
In the last couple of years the Operating Margin of DBX has grown nicely.
Looking at the Gross Margin, with a value of 80.66%, DBX belongs to the top of the industry, outperforming 82.56% of the companies in the same industry.
DBX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.57% | ||
| PM (TTM) | 19.87% | ||
| GM | 80.66% |
OM growth 3Y10.3%
OM growth 5YN/A
PM growth 3Y4.48%
PM growth 5YN/A
GM growth 3Y1.29%
GM growth 5Y1.86%
2. Health
2.1 Basic Checks
DBX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
DBX has less shares outstanding than it did 1 year ago.
The number of shares outstanding for DBX has been reduced compared to 5 years ago.
Compared to 1 year ago, DBX has a worse debt to assets ratio.
2.2 Solvency
DBX has an Altman-Z score of 0.50. This is a bad value and indicates that DBX is not financially healthy and even has some risk of bankruptcy.
DBX's Altman-Z score of 0.50 is on the low side compared to the rest of the industry. DBX is outperformed by 67.62% of its industry peers.
The Debt to FCF ratio of DBX is 3.10, which is a good value as it means it would take DBX, 3.10 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.10, DBX is doing good in the industry, outperforming 64.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.1 | ||
| Altman-Z | 0.5 |
ROIC/WACC5.95
WACC9.98%
2.3 Liquidity
DBX has a Current Ratio of 0.57. This is a bad value and indicates that DBX is not financially healthy enough and could expect problems in meeting its short term obligations.
DBX has a Current ratio of 0.57. This is amonst the worse of the industry: DBX underperforms 92.17% of its industry peers.
A Quick Ratio of 0.57 indicates that DBX may have some problems paying its short term obligations.
With a Quick ratio value of 0.57, DBX is not doing good in the industry: 91.46% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 26.32% over the past year.
DBX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 38.64% yearly.
The Revenue has decreased by -0.44% in the past year.
DBX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.93% yearly.
EPS 1Y (TTM)26.32%
EPS 3Y17.94%
EPS 5Y38.64%
EPS Q2Q%23.33%
Revenue 1Y (TTM)-0.44%
Revenue growth 3Y5.7%
Revenue growth 5Y8.93%
Sales Q2Q%-0.69%
3.2 Future
Based on estimates for the next years, DBX will show a small growth in Earnings Per Share. The EPS will grow by 2.92% on average per year.
The Revenue is expected to decrease by -1.17% on average over the next years.
EPS Next Y13.69%
EPS Next 2Y10.24%
EPS Next 3Y7.86%
EPS Next 5Y2.92%
Revenue Next Year-1.21%
Revenue Next 2Y-0.88%
Revenue Next 3Y-0.72%
Revenue Next 5Y-1.17%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.96, the valuation of DBX can be described as reasonable.
Based on the Price/Earnings ratio, DBX is valued cheaply inside the industry as 88.26% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of DBX to the average of the S&P500 Index (26.39), we can say DBX is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.40, the valuation of DBX can be described as reasonable.
88.26% of the companies in the same industry are more expensive than DBX, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.84, DBX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.96 | ||
| Fwd PE | 9.4 |
4.2 Price Multiples
DBX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. DBX is cheaper than 86.12% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DBX indicates a rather cheap valuation: DBX is cheaper than 95.37% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.11 | ||
| EV/EBITDA | 11.78 |
4.3 Compensation for Growth
DBX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of DBX may justify a higher PE ratio.
PEG (NY)0.73
PEG (5Y)0.26
EPS Next 2Y10.24%
EPS Next 3Y7.86%
5. Dividend
5.1 Amount
No dividends for DBX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
28.69
+0.26 (+0.91%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners111.23%
Inst Owner Change-1.55%
Ins Owners6.23%
Ins Owner Change-1.82%
Market Cap7.42B
Revenue(TTM)2.53B
Net Income(TTM)502.50M
Analysts50
Price Target28.86 (0.59%)
Short Float %13.97%
Short Ratio7.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.22%
Min EPS beat(2)11.32%
Max EPS beat(2)13.12%
EPS beat(4)4
Avg EPS beat(4)12.9%
Min EPS beat(4)11.32%
Max EPS beat(4)15.74%
EPS beat(8)8
Avg EPS beat(8)11.94%
EPS beat(12)12
Avg EPS beat(12)11.32%
EPS beat(16)16
Avg EPS beat(16)10.18%
Revenue beat(2)2
Avg Revenue beat(2)0.45%
Min Revenue beat(2)0.16%
Max Revenue beat(2)0.74%
Revenue beat(4)2
Avg Revenue beat(4)0.1%
Min Revenue beat(4)-0.26%
Max Revenue beat(4)0.74%
Revenue beat(8)2
Avg Revenue beat(8)-0.19%
Revenue beat(12)4
Avg Revenue beat(12)-0.08%
Revenue beat(16)5
Avg Revenue beat(16)-0.11%
PT rev (1m)1.91%
PT rev (3m)0.87%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.71%
EPS NY rev (1m)4.46%
EPS NY rev (3m)4.43%
Revenue NQ rev (1m)0.1%
Revenue NQ rev (3m)0.81%
Revenue NY rev (1m)0.63%
Revenue NY rev (3m)0.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.96 | ||
| Fwd PE | 9.4 | ||
| P/S | 2.94 | ||
| P/FCF | 8.11 | ||
| P/OCF | 7.98 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.78 |
EPS(TTM)2.88
EY10.04%
EPS(NY)3.05
Fwd EY10.63%
FCF(TTM)3.54
FCFY12.34%
OCF(TTM)3.6
OCFY12.53%
SpS9.77
BVpS-5.92
TBVpS-7.83
PEG (NY)0.73
PEG (5Y)0.26
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.97% | ||
| ROE | N/A | ||
| ROCE | 69.59% | ||
| ROIC | 59.34% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 24.57% | ||
| PM (TTM) | 19.87% | ||
| GM | 80.66% | ||
| FCFM | 36.22% |
ROA(3y)15.53%
ROA(5y)9.34%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.97%
ROIC(5y)15.1%
ROICexc(3y)69.99%
ROICexc(5y)80.12%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)21.07%
ROCE(5y)17.71%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-15.6%
ROICexc growth 5YN/A
OM growth 3Y10.3%
OM growth 5YN/A
PM growth 3Y4.48%
PM growth 5YN/A
GM growth 3Y1.29%
GM growth 5Y1.86%
F-Score4
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.1 | ||
| Debt/EBITDA | 2.57 | ||
| Cap/Depr | 9.3% | ||
| Cap/Sales | 0.57% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 119.86% | ||
| Profit Quality | 182.25% | ||
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | 0.5 |
F-Score4
WACC9.98%
ROIC/WACC5.95
Cap/Depr(3y)17.74%
Cap/Depr(5y)24.54%
Cap/Sales(3y)1.13%
Cap/Sales(5y)1.78%
Profit Quality(3y)165.94%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)26.32%
EPS 3Y17.94%
EPS 5Y38.64%
EPS Q2Q%23.33%
EPS Next Y13.69%
EPS Next 2Y10.24%
EPS Next 3Y7.86%
EPS Next 5Y2.92%
Revenue 1Y (TTM)-0.44%
Revenue growth 3Y5.7%
Revenue growth 5Y8.93%
Sales Q2Q%-0.69%
Revenue Next Year-1.21%
Revenue Next 2Y-0.88%
Revenue Next 3Y-0.72%
Revenue Next 5Y-1.17%
EBIT growth 1Y22.21%
EBIT growth 3Y16.58%
EBIT growth 5YN/A
EBIT Next Year27.99%
EBIT Next 3Y6.81%
EBIT Next 5Y8.46%
FCF growth 1Y22.16%
FCF growth 3Y7.53%
FCF growth 5Y17.4%
OCF growth 1Y19.56%
OCF growth 3Y7%
OCF growth 5Y11.09%
DROPBOX INC-CLASS A / DBX FAQ
What is the ChartMill fundamental rating of DROPBOX INC-CLASS A (DBX) stock?
ChartMill assigns a fundamental rating of 6 / 10 to DBX.
What is the valuation status for DBX stock?
ChartMill assigns a valuation rating of 9 / 10 to DROPBOX INC-CLASS A (DBX). This can be considered as Undervalued.
Can you provide the profitability details for DROPBOX INC-CLASS A?
DROPBOX INC-CLASS A (DBX) has a profitability rating of 9 / 10.
What is the valuation of DROPBOX INC-CLASS A based on its PE and PB ratios?
The Price/Earnings (PE) ratio for DROPBOX INC-CLASS A (DBX) is 9.96 and the Price/Book (PB) ratio is -4.85.